Bring your vision and creativity to these excellently located two properties for the price of one! Located adjacent to Route 7, minutes to Ridgefield, minutes to the Danbury Mall and on the Redding boarder, these two properties have tremendous potential. The main house is 2, 300 sq ft on 1. 96 acres and has the charm you'd expect from a quality built 1800s construction. The main floor of the house features a large enclosed deck protected from the elements for entertaining, dining room, wet bar and fireplace off the sun room, library/bonus room and kitchen. Upstairs you'll find 3 bedrooms and a full bath and there is a walkup attic for storage with another full bath. The barn has another 1, 500 sq ft of storage space and is on 1. 11 acres for a total of 3. 07 acres between both properties. These two properties are currently separate but owned together. DO NOT enter barn. For serious buyers or second showings only. Owners will clear both houses and property completely before closing. Underground oil tank was removed with certification. Main house needs work, barn needs partial or full rehab. Cars and boats scattered throughout the property will be removed.
Type | Level |
---|---|
Bedroom 1 | Upper |
Bedroom 2 | Upper |
Bedroom 3 | Upper |
Dining Room | Main |
Library | Main |
Living Room | Main |
Primary Bedroom | Upper |
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 845.290.3871
Matthew.DeMaria@raveis.com
NMLS Mortgage Loan Originator ID 147983
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $439,200 | $439,200 | $439,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.352% | 7.042% | 6.160% |
Monthly Tax Payment | $549 | $549 | $549 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,885 | $2,885 | $3,677 |
Total Monthly Payment | $3,526 | $3,526 | $4,318 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.